Today, we are here with the list of petrol prices across 100 countries (Prices are as per the date 21st May 2018). The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Lowest Gasoline Prices in the World . The current month is updated on an hourly basis with today's latest value. Crude Oil Prices - 70 Year Historical Chart. Where petrol costs 1p per litre – the world’s cheapest (and most expensive) fuel prices revealed The stark difference in fuel prices around the world has be laid bare by a new report. The gain was later reduced to 1.5% to $2.1583 per gallon. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. For example, Norway’s gasoline price of $6.53 a gallon is the third highest in the world, but its average citizen earns nearly $200 a day. The city's gas prices cost more than double the New York price… https://www.foxbusiness.com/features/the-10-countries-with-the-highest-gas-prices Like many other places in Europe, gasoline in the Netherlands is subject to high taxation which results in a higher price. Despite its proximity to oil-producing countries in the Middle East, Turkey has one of the highest gas prices in the world. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. Hong Kong charges the highest prices for gas worldwide, according to Deutsche Bank's annual "Mapping the World's Prices" report. It is heavily reliant on imported petroleum, as its economy depends on it for 97 percent of its energy requirement. Weekly global fuel price review May 3, 2021 World average gasoline and diesel prices Weighted average of gasoline and diesel prices in 100 countries that consume over 90 percent of the world oil products. The price of gas futures climbed as much as 4.2% to $2.22 per gallon on Monday, the highest since May 2018. Although the prices are different, price movements remain the same. The government hopes to reduce this as the Baku-Tbilisi-Ceyhan oil pipeline comes into full operation. Gasoline prices are lowest in Libya, at $0.42 a gallon. On the contrary, there are some European countries, wherein a litre of petrol costs over 2 dollars. Gas prices are high in the Netherlands, at $7.04 a gallon. Be part of that supply-and-demand solution by leaving the car at home, especially when heading to these countries with the world’s highest gas prices, as determined by AIRINC. Costs over 2 dollars as its economy depends on it for 97 of. $ 7.04 a gallon on imported petroleum, as its economy depends on it for 97 percent of its requirement... The world it for 97 percent of its energy requirement prices are high in the Netherlands is subject high. 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